2. Contents
• Introduction
• How we are used in:
• Financial Institution departments
• Payment Processing departments
• Compliance department
• Contact details
3. Introduction
• Bankers Accuity has a combined strength of banking
information from the well respected “Bankers Almanac”
and “Accuity”.
• We have been helping banks globally with information
that saves time and enable operations to be more efficient
• Please refer to the department that is of concern for you
and you can see how we have helped over 25,000 clients
globally to date.
4. • Case study Problem Solved:
• Bank A is seeking new correspondent
Financial Institutions relationships in new markets. The FI team is not
1. Increasing correspondent sure who to look for, and also need to obtain
relationships documents for KYC purposes. Time zone was an
2. Perform due diligence on issue and it was difficult to get hold of anyone.
correspondent banks
3. Checking credit risk of
correspondent banks • How we solved the problem:
• The Bankers Almanac platform contains
information on who to contact for such
relationships, and also KYC documents as well as
a correspondent/counterparty relationship
platform for you to manage this information well
and save time going through everything
manually.
5. Type of data
-Helps to verify bank information
-Research on banks globally
-Understand rankings
-Obtain credit ratings
-See ownership and branches
6. • Case study Problem Solved:
• Bank A received fees from correspondent
Payment processing banks/counterparties and have been billing the
1. Provide data that fixes payment customer for such exception. Bank A was losing
failures customers to another bank because of the lack
2. Provides information for payment of customer service and would like to improve
routing method that is cheapest
the payment success rate for international
3. Provides necessary information
for customers to use when banking. They want to avoid the costs and also
integrated with banking system able to fix the payment faster before the transfer
is made.
• How we solved the problem:
• Bankers Almanac provides banking data that can
be used in banking systems to fix the data so that
it is not transferred and fixed before it is sent to
prevent such payment failures. The data was
used by both the payment processing team as
well as a direct feed into the system that helped
all transfer sources such as internet
banking, front-office without delaying and
increasing customer satisfaction.
7. Correspondents
Type of data
-Obtain SSI details
-Understand routing preferences
-Obtain correspondent banks
-Find the best payment route
-Obtain local clearing codes
Subsidiaries
8. • Case study Problem Solved:
• Bank A has over 100 counterparties and
Compliance Department correspondents. Not only do they need to review
1. Provide consolidated KYC data on their risk level, they also require to screen their
correspondent banks shareholders and ensure compliance on all
2. Provide data for KYC on customers levels.
and employees
3. Provide screening solution for
anti-money laundering obligations • How we solved the problem:
• Bankers Almanac is the official provider of
banking due diligence documents that was
created in collaboration with the Wolfsberg
Group. Also, Bankers Almanac is able to provide
reports that saves time on periodic reviews that
covers the entire KYC requirement on
correspondent banks.
9. Type of data
-Bank License
-Ownership details
-Due diligence documents as
recommended by Wolfsberg Group
10. Contact Us Today Jeanne Lee李卉評
Key Account Manager香港帳戶經理
BANKERSAccuity
3 Killiney Road, #08-01, Winsland House I,
Singapore 239519
Hong Kong Toll-Free: 800 966 835
Telephone: +65 6780 4877 (GMT +8)
E-Mail: jeanne.lee@bankersaccuity.com
Web: bankersalmanac.com/ bankersaccuity.com
